Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 1238 results for %22AMP Bank%22

TelstraSuper names financial advice lead

CHLOE WALKER  |  FRIDAY, 24 FEB 2023
... change management and financial services, with previous senior roles at Perpetual, Macquarie Bank, E*Trade Australia, ANZ and AMP. She replaces Steve Cullen who held the role for four and a half years. He departed the fund recently after close to eight ...

AMP profits, declares first dividend since 2019

JAMIE WILLIAMSON  |  THURSDAY, 16 FEB 2023
... the transformation of our Advice business, where we have more than halved the losses, and our key growth businesses - AMP Bank and Platforms - are starting to benefit from the investments we are making in those businesses. In our flagship North platform ...

Cboe Australia chief exits, successor named

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... head of trading for Australia and New Zealand. Prior to joining AllianceBernstein in 2001, she worked as an equity trader at AMP Henderson Global Investors. "Cboe Australia has firmly established itself as an integral piece of the country's financial ...

RBA cash rate hike forecast by economists

ANDREW MCKEAN  |  TUESDAY, 7 FEB 2023
... property downturn. The RBA should be feeling more confident that inflation peaked in Q4, the investment manager added. Meanwhile, AMP chief economist Shane Oliver said underlying inflation surprised on the upside again in the December quarter and retail ...

AMP completes infrastructure equity business sale

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
AMP has completed the sale of the Collimate Capital international infrastructure equity business to DigitalBridge Group. AMP realised $582 million from the sale, including a $521 million cash payment received from DigitalBridge, $57 million from retained ...

Aussie shares to continue outperformance: Oliver

CHLOE WALKER  |  THURSDAY, 2 FEB 2023
Over the last year, Australian shares have outperformed their global counterparts, and AMP Capital chief economist Shane Oliver believes this trend will continue. To get a handle on the future, he said, it's useful to understand the past, saying the ...

Inflation beats forecasts, hits 7.8%

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2023
... steadied this quarter, however we saw an uptick in inflation for services such as holidays and restaurant meals," Marquardt said. AMP senior economist Diana Mousina said she expects this will be the peak for inflation in Australia for this cycle. "The ...

AMP warns $68m impairment expected

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
AMP said impairment charges totaling a cool $68 million post-tax will see its 2022 statutory profits take a hit. The financial services giant expects the impairments, which amount to $94 million pre-tax, to be recognised in its FY22 results. The charges ...

Australia likely to avoid recession: Oliver

CHLOE WALKER  |  THURSDAY, 19 JAN 2023
While the risk of recession is high, its likely to be avoided down under, according to AMP head of investment strategy and chief economist Shane Oliver. According to Oliver, a slump in consumer spending (thanks to rate hikes, cost of living pressures ...

Adviser population dropped 17% in 2022

JAMIE WILLIAMSON  |  FRIDAY, 13 JAN 2023
... decline, likely driven by the October adviser exam deadline. The total number of advice licensees also fell by 11% in 2022. AMP Financial Planning is the largest licensee with 546 advisers, followed by Morgans Financial on 447, Charter Financial Planning ...